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Assembly Bill A3958

2025-2026 Legislative Session

Relates to the computation of building aid for the Boquet Valley Central School District

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Current Bill Status - In Assembly Committee

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2025-A3958 (ACTIVE) - Details

See Senate Version of this Bill:
S2651
Current Committee:
Assembly Education
Law Section:
Education Law
Laws Affected:
Amd §3602, Ed L
Versions Introduced in 2023-2024 Legislative Session:
S7605

2025-A3958 (ACTIVE) - Summary

Relates to the computation of building aid for the construction, reconstruction or modernizing of no more than one project by the Boquet Valley Central school district.

2025-A3958 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3958
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 30, 2025
                                ___________
 
 Introduced  by M. of A. SIMPSON -- read once and referred to the Commit-
   tee on Education
 
 AN ACT to amend the education law, in relation  to  the  computation  of
   building aid for the Boquet Valley Central School District
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Paragraph a of subdivision 6 of section 3602 of the  educa-
 tion law is amended by adding a new subparagraph 13 to read as follows:
   (13)  NOTWITHSTANDING  ANY OTHER PROVISION OF LAW TO THE CONTRARY, FOR
 THE PURPOSE OF COMPUTATION OF  BUILDING  AID  FOR  CONSTRUCTION,  RECON-
 STRUCTION  OR  MODERNIZING  OF  NO  MORE  THAN ONE PROJECT BY THE BOQUET
 VALLEY CENTRAL SCHOOL  DISTRICT,  MULTI-YEAR  COST  ALLOWANCES  FOR  THE
 PROJECT  SHALL  BE ESTABLISHED AND UTILIZED TWO TIMES IN THE FIRST FIVE-
 YEAR PERIOD. SUBSEQUENT MULTI-YEAR COST ALLOWANCES SHALL BE  ESTABLISHED
 NO  SOONER  THAN TEN YEARS AFTER ESTABLISHMENT OF THE FIRST MAXIMUM COST
 ALLOWANCE AUTHORIZED PURSUANT TO THIS SUBPARAGRAPH.
   § 2. This act shall take effect immediately.
 
 
 
 

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD07126-01-5

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